From: Mercom India Permanent Power Company, an energy holding platform operating and developing solar and storage projects, has secured approximately $600 million in construction financing
Battery Material Company Astracite Raises $1.3 Million in Investments
From: Mercom India Belgium-based battery materials startup Astracite has secured €1.13 million (~$1.3 million) in funding and grant support. This includes an oversubscribed €750,000 (~$860,000)
Funding and M&A Roundup: Eclipse Raises $23 Million
Eclipse, a European platform that develops, operates, and optimizes battery energy storage systems, has raised €20 million (~$23 million) in a Series A financing round
Eiffel Investment Group to Acquire 50% Stake in Solar and Storage Portfolio
From: Mercom India Eiffel Investment Group, an independent asset manager, through its infrastructure funds, has agreed to acquire a 50% interest in a Norwegian portfolio
Supercapacitor Startup Granarium Technologies Raises Over $1.2 Million
From: Mercom India Granarium Technologies, a Finland-based supercapacitor startup, has raised over €1 million (~$1.2 million) in total funding, including a pre-seed round led by
Cypress Creek Secures $3.5 Billion for Steel River Energy Center Project
From: Mercom India Cypress Creek Energy, a U.S.-based solar and energy storage project developer, has secured $3.5 billion in financing for the first two phases
Sembcorp Completes Acquisition of Alinta Energy for $4.5 Billion
From: Mercom India Singapore-headquartered Sembcorp Industries has completed its previously announced acquisition of Australia-based Alinta Energy for an enterprise value of A$6.5 billion (~$4.3 billion)
DRI Secures $127 Million for 133 MW Battery Storage Project in Poland
From: Mercom India DRI, an Amsterdam-based European renewable energy developer and the European renewables arm of DTEK Group, has secured approximately PLN 470 million (~$127.4
Eclipse Raises $23 Million to Expand Battery Storage Platform in Europe
From: Mercom India Eclipse, a European platform that develops, operates, and optimizes battery energy storage systems, has raised €20 million (~$23 million) in a Series
Funding and M&A Roundup: VoltSeal Raises $1.5 Million in Pre-Seed Round
VoltSeal, a distributed battery storage company serving commercial and industrial consumers, has raised $1.5 million in a pre-seed funding round led by Theia Ventures. Rainmatter